The Council of Leading US Economists Predict Dow 100,000 During Trump

The title of this post is the headline out this morning from the Council of Leading US Economists (C.L.U.E. for short).  According to the organization, C.L.U.E.’s prediction is based on their latest research model. Will the Dow hit six figures while Trump is still in office, or is this another example of the never in … More The Council of Leading US Economists Predict Dow 100,000 During Trump

Outperformance in Down Markets 100% of the Time?

Yes, this title is a little click-baitish, but with all the other crazy headlines floating around I figured I’d throw out this provoking question. I didn’t make it up, however. How one could have outperformed “100% of the time” in the “longest” bear markets was detailed in a report published by a well-respected research center … More Outperformance in Down Markets 100% of the Time?

Holiday Colors

Try to stay focused on your goals and the often rewarding long-term green versus short-term red. On my way to the office this morning, I noticed many holiday decorations in red and green. They always bring me joy and I stopped to take the picture at the top of this post. Unfortunately, in the financial … More Holiday Colors

Chicken Fried and Cold Beer on a Friday Night

Can Investors Learn A Few Things From A Country Song? Those of you who know me well know that I am from Alabama and that I still have some Southern boy in me. Those of you who know a little country music may also recognize that the title of this post is based on a … More Chicken Fried and Cold Beer on a Friday Night

Don’t Cheat the Person in the Glass

Recently, I noticed a Tweet from someone asking for good advice for a 17 year-old. It made me think of a poem that I first heard when I was about 17. The CEO of a large company was speaking to a group that I was associated with and ended with the poem. I nudged my … More Don’t Cheat the Person in the Glass

Keep A Steady Hand on the Tiller

The market just dropped, again. Related to this, I thought it would be good to re-post this piece (a longer version was published in 2015).  Previously, I penned these lines: “If you followed the market today, you will have seen and heard quite a few market headlines that might raise concerns. The following are some … More Keep A Steady Hand on the Tiller

The Normal

Stocks Are Risky – This is Not the New Normal, It is The Normal The Dow Jones Industrial Average (DJIA) has dropped hundreds of points and has recently created alarming news headlines. This has not made any investor that I know feel good, but was this “The Normal?” Yes, this is a reference to “The … More The Normal

Disconnected or Connected?

If you look up the definition of “disconnected,” you will find the word “incoherent” among its synonyms. Being “disconnected” sounds negative and, in fact, people are often ridiculed for not being “connected.” In keeping with the title of my website blog, I’m posting this provoking question. Are we more coherent when we are disconnected? I … More Disconnected or Connected?

Stop It

The title of this piece comes from a recent Josh Brown article titled, Delusions and Entitlement (he deserves full credit for this quip). In his post, Josh said the following: “There’s this idea floating around out in the ether that, for some reason, public equity markets are expensive but private market valuations will serve as an … More Stop It

The Good Story

“Honey, I need to go.” When I woke up my wife to tell her this, it was still dark outside on Sunday, September 14th 2008. I had finally gotten at least a little sleep, after many calls and emails on Saturday had given me at least a little hope that my firm, Lehman Brothers, might … More The Good Story